Royal Fund Management LLC Acquires 66,746 Shares of iShares MSCI EAFE ETF $EFA

Royal Fund Management LLC increased its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 45.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 214,639 shares of the exchange traded fund’s stock after purchasing an additional 66,746 shares during the period. iShares MSCI EAFE ETF makes up 2.0% of Royal Fund Management LLC’s holdings, making the stock its 4th biggest position. Royal Fund Management LLC’s holdings in iShares MSCI EAFE ETF were worth $20,848,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Clearbridge Investments LLC purchased a new stake in iShares MSCI EAFE ETF in the 4th quarter worth approximately $7,552,000. Leo Wealth LLC increased its holdings in shares of iShares MSCI EAFE ETF by 208.0% during the 4th quarter. Leo Wealth LLC now owns 12,003 shares of the exchange traded fund’s stock valued at $1,153,000 after purchasing an additional 8,106 shares in the last quarter. Steph & Co. lifted its stake in shares of iShares MSCI EAFE ETF by 21.4% in the 1st quarter. Steph & Co. now owns 28,080 shares of the exchange traded fund’s stock valued at $2,727,000 after purchasing an additional 4,955 shares during the period. Lmcg Investments LLC lifted its stake in shares of iShares MSCI EAFE ETF by 12.9% in the 4th quarter. Lmcg Investments LLC now owns 192,207 shares of the exchange traded fund’s stock valued at $18,458,000 after purchasing an additional 21,887 shares during the period. Finally, Childress Capital Advisors LLC boosted its holdings in iShares MSCI EAFE ETF by 808.1% during the fourth quarter. Childress Capital Advisors LLC now owns 26,036 shares of the exchange traded fund’s stock worth $2,500,000 after buying an additional 23,169 shares in the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

EFA stock opened at $103.37 on Thursday. The firm has a market cap of $76.41 billion, a PE ratio of 16.48 and a beta of 0.78. The firm’s fifty day moving average is $103.86 and its 200 day moving average is $101.96. iShares MSCI EAFE ETF has a one year low of $86.74 and a one year high of $105.94.

About iShares MSCI EAFE ETF

iShares MSCI EAFE ETF, formerly iShares MSCI EAFE Index Fund (the Fund), is an exchange-traded fund. The Fund’s investment objective is to seek investment results that correspond to the price and yield performance of its underlying index, MSCI EAFE Index (the Index). The Index has been developed by MSCI Inc as an equity benchmark for its international stock performance. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.